TRENDING
EQUINIX ANNUAL MARKET STUDY REVEALS PACE AT WHICH COVID-19 IS ACCELERATING DIGITAL TRANSFORMATION
Digital Service Providers forecast to increase private connectivity 5x between 2019 and 2023 , driven by greater demands from enterprises to close digital gaps at the Edge . Industry experts tell us more .
The latest Global Interconnection
Index ( GXI ), an annual market study published by Equinix , shows that the COVID-19 pandemic has already had a dramatic effect on how businesses are planning their digital infrastructure initiatives over the next three years . According to this , the fourth volume of the report ( Vol . 4 ), digital service providers within industries like telecommunications , cloud and IT services , content and digital media and technology providers , are forecast to increase private connectivity bandwidth 5x by 2023 , driven by greater demands from enterprises to close digital gaps at the edge .
As the pandemic continues to accelerate the shift to digital , enterprises facilitating more remote working , such as telecommunications and cloud and IT providers , are expected to contribute to 54 % of the total interconnection bandwidth growth in EMEA , outpacing other industries in the region . Frankfurt , Amsterdam , Paris and London are predicted to be the top metros in Europe for interconnection bandwidth growth , with the region as a whole expected to account for 23 % ( 3,782 Tbps ) of the projected global installed interconnection bandwidth .
The report also forecasts that overall interconnection bandwidth – the measure of private connectivity for the transfer of data between organisations – will achieve a 45 % compound annual growth rate ( CAGR ) from 2019 to 2023 , within the
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FRANKFURT , AMSTERDAM , PARIS AND LONDON ARE PREDICTED TO BE THE TOP METROS IN EUROPE FOR INTERCONNECTION BANDWIDTH GROWTH . www . intelligentcio . com INTELLIGENTCIO
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